NOT LISTED FOR SALE

Estimated Value: $2,533,000 - $2,988,000

3 Beds
3.5 Baths
3,467 Sq Ft
$3,075/mo HOA Fee

Last Sold November 19, 2019

Last sale price $2,800,000 $808 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $20,389/month

Highlights

  • Fitness Center
  • 1-minute walk to 15Th-16Th & Locust St
  • Great Room
  • Wood Flooring
  • 2 Fireplaces
  • 4-minute walk to Rittenhouse Square

About This Home

As of November 2019

The Lanesborough #400 offers a discerning buyer a completely custom home in one of the most private and luxurious condominium buildings in Center City. Unique to the construction of this residence is that it was built by a professional carpenter who created a woodshop in the space and milled every single piece of wood on-site. Upon riding the secure elevator to the 4th floor, the doors open to a private vestibule that leads into a grand gallery foyer running the length of the home. At the end of the foyer is the heart of the home, a light-filled great room with decorative wood floors, 14 ceilings, two gas fireplaces with carved ornamental mantels, and floor to ceiling wood paneling. Adjacent to the great room is the chef's eat-in kitchen, complete with a large center island; granite countertops and backsplash; high-gloss wood cabinetry; buffet with china storage; and commercial grade appliances including a Wolf 6-burner gas range with griddle and Wolf hood, Miele stainless steel dishwasher, Sub-Zero side-by-side refrigerator/freezer, Sub-Zero wine refrigerator and a warming drawer. The master suite of the condominium has his-and-hers custom fit-out closets, a sitting/dressing room, and his and hers bathrooms, both appointed in marble. His bathroom has an oversized walk-in shower with bench and rain showerhead. Her bathroom has both a vanity with sink and a make-up vanity, as well as an oversized walk-in shower. Two additional bedrooms share a jack-n-jill bathroom featuring a marble floor, seamless glass stall shower and decorative vanity, and each offer generous closet space. Additional home highlights include 360 degree city views, a powder room with a pedestal sink and beautiful tilework, a laundry room with great cabinet space and utility sink, and a small terrace. All finishes, appointments, and details are of the finest quality and design, from the wood floors, moldings and millwork, lighting, hardware, motorized window shades, and beyond. Additionally, there is a storage unit in the building. Residents of The Lanesborough enjoy a 24 hour doorman and a state-of-the-art fitness center in the building. VIRTUAL TOUR: https://houselens-enterprise-editors-upload.s3.amazonaws.com/enterpriseuploads%2F6cc9f085-5114-4a36-e3e1-82144b2e7f44.mp4. 3D FLOORPLAN: https://my.matterport.com/show/?m=HGUtkwDDsB1

Last Agent to Sell the Property

Allan Domb

(215) 545-1500 domb@allandomb.com Allan Domb Real Estate License #RB043135A Listed on: 02/20/2019

Last Buyer's Agent

Allan Domb

(215) 545-1500 domb@allandomb.com Allan Domb Real Estate License #RB043135A Listed on: 02/20/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,328

Year Built

  • Built in 1929

HOA Fees

  • $3,075 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Masonry

Interior Spaces

  • 3,467 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Great Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 888035508

Community Details

Overview

  • $6,150 Capital Contribution Fee
  • High-Rise Condominium
  • The Lanesborough Community
  • Rittenhouse Square Subdivision

Recreation

  • Fitness Center

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,328

Year Built

Built in 1929

Lot Details

0

HOA Fees

$3,075 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • Exclusions: foyer chandelier and powder room sconces
  • New Construction: No
  • Story List: Main
  • Year Built: 1929
  • Remarks Public: The Lanesborough #400 offers a discerning buyer a completely custom home in one of the most private and luxurious condominium buildings in Center City. Unique to the construction of this residence is that it was built by a professional carpenter who created a woodshop in the space and milled every single piece of wood on-site. Upon riding the secure elevator to the 4th floor, the doors open to a private vestibule that leads into a grand gallery foyer running the length of the home. At the end of the foyer is the heart of the home, a light-filled great room with decorative wood floors, 14 ceilings, two gas fireplaces with carved ornamental mantels, and floor to ceiling wood paneling. Adjacent to the great room is the chef's eat-in kitchen, complete with a large center island; granite countertops and backsplash; high-gloss wood cabinetry; buffet with china storage; and commercial grade appliances including a Wolf 6-burner gas range with griddle and Wolf hood, Miele stainless steel dishwasher, Sub-Zero side-by-side refrigerator/freezer, Sub-Zero wine refrigerator and a warming drawer. The master suite of the condominium has his-and-hers custom fit-out closets, a sitting/dressing room, and his and hers bathrooms, both appointed in marble. His bathroom has an oversized walk-in shower with bench and rain showerhead. Her bathroom has both a vanity with sink and a make-up vanity, as well as an oversized walk-in shower. Two additional bedrooms share a jack-n-jill bathroom featuring a marble floor, seamless glass stall shower and decorative vanity, and each offer generous closet space. Additional home highlights include 360 degree city views, a powder room with a pedestal sink and beautiful tilework, a laundry room with great cabinet space and utility sink, and a small terrace. All finishes, appointments, and details are of the finest quality and design, from the wood floors, moldings and millwork, lighting, hardware, motorized window shades, and beyond. Additionally, there is a storage unit in the building. Residents of The Lanesborough enjoy a 24 hour doorman and a state-of-the-art fitness center in the building. VIRTUAL TOUR: https://houselens-enterprise-editors-upload.s3.amazonaws.com/enterpriseuploads%2F6cc9f085-5114-4a36-e3e1-82144b2e7f44.mp4. 3D FLOORPLAN: https://my.matterport.com/show/?m=HGUtkwDDsB1
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Interior Amenities: Combination Dining/Living, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Primary Bedroom, Kitchen, Great Room
  • Basement: No
  • Total Sq Ft: 3467
  • Living Area Sq Ft: 3467
  • Price Per Sq Ft: 863.86
  • Above Grade Finished Sq Ft: 3467
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1601

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3075.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Security
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 6150.00

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 62544.00
  • Land Assessed Value: 175194.00
  • Year Assessed: 2020
  • Zoning: CMX5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4570655
  • School Tax: 1826.00
  • Tax Annual Amount: 3328.00
  • Assessor Parcel Number: 888035508
  • Tax Lot: 218
  • Tax Total Finished Sq Ft: 3467
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 11/19/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Nov 14, 2019
Sold by
Kelly Paul and Kelly Debra
Bought by
Lanesborough 400 Llc
Seller's Agent
Allan Domb
Allan Domb Real Estate
Buyer's Agent
Allan Domb
Allan Domb Real Estate
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%
Current Estimated Value
$2,781,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,322
Avg. Annual Appreciation
-0.11%
Original Mortgage
$1,400,000
Outstanding Balance
$942,965
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,838,713

Purchase Details

Closed on
Mar 28, 2012
Sold by
Domb Allan
Bought by
Kelly Paul and Kelly Debra

Purchase Details

Closed on
Sep 29, 2010
Sold by
Corbin James
Bought by
Domb Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2004
Sold by
Adr 1601 Locust Lp
Bought by
Kimener Bell Kristine Ann and Bell David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lanesborough 400 Llc $2,800,000 Ad Abstract Corporation
Kelly Paul $2,050,000 None Available
Domb Allan $1,800,000 None Available
Kimener Bell Kristine Ann $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanesborough 400 Llc $1,400,000
Previous Owner Domb Allan $1,400,000
Previous Owner Kimener Bell Kristine Ann $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $2,800,000 -6.5% $808 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $2,995,000 -14.4% $864 / Sq Ft
02/20/2019 02/20/19 For Sale $3,500,000 -- $1,010 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,699 $2,336,000 $210,200 $2,125,800
2024 $32,699 $2,336,000 $210,200 $2,125,800
2023 $32,699 $2,336,000 $210,200 $2,125,800
2022 $27,249 $2,336,000 $210,200 $2,125,800
2021 $3,328 $0 $0 $0
2020 $3,328 $0 $0 $0
2019 $3,328 $0 $0 $0
2018 $2,702 $0 $0 $0
2017 $2,702 $0 $0 $0
2016 $2,777 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $1,505,200 $150,520 $1,354,680
2012 -- $330,528 $49,568 $280,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH719184

Bright MLS

APN: 888035508